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The State of the ‘Housing Crisis’: Leading Researchers Discuss Evolution and Potential Future

USA Real Estate News-RISMedia - Wed, 2025-06-25 12:46

Housing is in crisis, and it has been for the past few years. While the term “housing crisis” itself sparks some debate, the data does not lie. Experts across the industry have been saying that the housing market is facing unprecedented challenges, and organizations like Harvard University’s Joint Center for Housing Studies (JCHS) have been…

The post The State of the ‘Housing Crisis’: Leading Researchers Discuss Evolution and Potential Future appeared first on RISMedia.

New-Home Sales Plunge Amid Tariff Uncertainty, Consumer Anxiety

USA Real Estate News-RISMedia - Wed, 2025-06-25 12:38

The real estate market’s inventory is up at the last count, but it is primarily existing homes entering the market. Are newly constructed home sales picking up, too? Not according to the latest findings of the U.S. Census Bureau and the Department of Housing and Urban Development (HUD).  The two agencies’ latest report on new-home…

The post New-Home Sales Plunge Amid Tariff Uncertainty, Consumer Anxiety appeared first on RISMedia.

High-net-worths find safe harbor in real estate: Sotheby’s Realty

USA Real Estate News-Inman - Wed, 2025-06-25 12:25
A steady course is predicted for luxury real estate throughout the remainder of 2025, the firm's mid-year luxury report said, creating "compelling opportunities for strategic homebuyers and sellers," according to CEO Philip White.

Independent Brokerages Receive Settlement Approval After Short Hearing

USA Real Estate News-RISMedia - Wed, 2025-06-25 12:16

Another six brokerages received more assurance that their settlement deals in seller-filed class-action commission lawsuits will go through, as Judge Stephen R. Bough of the Western District of Missouri gave his final approval to six more deals following a short hearing yesterday. NextHome, The Keyes Company and Illustrated Properties, John L. Scott, LoKation, Real Estate…

The post Independent Brokerages Receive Settlement Approval After Short Hearing appeared first on RISMedia.

Refinancing Drives Mortgage Application Increase This Week

USA Real Estate News-RISMedia - Wed, 2025-06-25 12:00

Amid Middle East and continuing economic uncertainty and mortgage rates edging higher, mortgage applications still saw an increase this week, mostly thanks to refinances.  According to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week ending June 20, the Market Composite Index (a measure of mortgage loan application volume)…

The post Refinancing Drives Mortgage Application Increase This Week appeared first on RISMedia.

Is Zillow skating dangerously close to thin ice?

USA Real Estate News-Inman - Wed, 2025-06-25 11:24
Team leader Carl Medford writes that Zillow's brokerage license and algorithmic pricing suggestions could be setting it up for a legal showdown that threatens its entire business model.

New residential sales drop nearly 14% in May, their sharpest in 3 years

USA Real Estate News-Inman - Wed, 2025-06-25 09:43
Homebuyers continued to respond to market headwinds like high mortgage rates and economic uncertainty and failed to be drawn in by builder sales incentives.

Cash prevails as king when it comes to luxury

USA Real Estate News-Inman - Wed, 2025-06-25 08:00
Luxury real estate agents can expect wealth strategy, "smart luxury," move-up buyers, the ultra- and aspirationally-wealthy divide, and cash purchases to impact the market in the months ahead.
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